What are the responsibilities and job description for the US Accounts Receivable Specialist position at Yum! Brands?
Ensure the integrity and timely recording of Accounts Receivable transactions for the KFC & Taco Bell Brands in collaboration with cross-functional teams (Accounts Receivable, Control, Franchise Administration, Legal, Planning).
Salary Range : $, to $, annually bonus eligibility. This is the expected salary range for this position. Ultimately, in determining pay, we'll consider the successful candidate’s location, experience, and other job-related factors.
Responsibilities
- Monitor KFC, TBC, and Yum bank lockbox activity and partner with franchisees to ensure complete and accurate sales reporting is loaded into Krise with subsequent payment application being successfully completed in JD Edwards. Assist with sales corrections from franchisees when notified and ensure Krise is updated accordingly. (%)
- Respond to Brand and franchisee emails, performing research and resolution to such queries. Assist with the creation of one-off fee invoices and credit memos, processing royalty rate changes, ad-hoc write-offs and preparing various franchisee refund requests. (%)
- Prepare the daily bank deposit and tracking logs. Download the daily banking activity from US bank and Wells Fargo and compare that to what was loaded into JD Edwards. Check for any returned payments and process the return through to JD Edwards by voiding the original deposit. Enter any ACH / Wire deposits manually into JD Edwards on a timely basis and assist with the application to open receivable invoices. (%)
- Monitor and research unapplied cash deposits that are received. Work with franchisees, and sometimes Control, to understand such payments and to obtain the details necessary to ensure proper application. Prepare period end unapplied cash detail and routinely reassess throughout period for proper cash application (%)
- Support external / internal audit requests, SOX Peer Reviews, and special projects, as necessary. (%)
- Prepare and ensure timely completion of account reconciliations for Yum and Yum Connect at month end (%)
- Process monthly miscellaneous billings for Dragontail and TicTuk, creating new customers upon request, and assist in corrections throughout the period as needed. (%)
- Identify process improvement opportunities by working closely with Supervisor / Manger and IT to incorporate best practices and leverage system functionality, including our robotics initiative. (%)
Minimum Requirements
Preferred Requirements
